Enrique K. Razon Jr. is a Filipino billionaire and the Chairman and CEO of the Manila-listed company, International Container Terminal Services, Inc. (ICTSI), the Philippine port-handling giant. Currently the third richest Filipino, a four place jump from last year's ranking, mainly because of his stake in Bloomberry Resorts and HotelsIn 1987, he inherited International Container Terminal Services, Inc, and has grown to become the largest corporation that provides container port terminal services in Manila, Subic, Batangas, General Santos City, Poland and BrazilIn 2010, Henry Sy, Jr.a??s OneTaipan acquired 100 percent of Monte Oro Resources Grid for USD350 million. The company is a partnership between Razon and Walter Browna??s A. Brown Company and owns 30 percent of the National Grid Corporations of the Philippines.Razon invested an additional USD200 million in Bloombery Investments Holdings, Inc. Bloombery is just one of four gaming companies that were granted casino licenses by the Philippine Amusement and Gaming Corporation (PAGCOR) for the upcoming Bagong Nayong Pilipino Entertainment City.Also in the same year, Razon sold Manila Standard for P100 million to Leyte Rep. Martin Romualdez, whose conglomerate owns the Jounal Group of Publications. Razon divested from the newspaper business after acquiring the shares of the Yuchengco family and Soriano group ten years ago to become the head of the Kamahalan Publishing Corporation and Kagitingan Printing Press, Inc.Razon has a basketball team in the Philippine Basketball League (PBL) with most of its players form the De La Salle University Green Archers. He is also an avid golfer and supported the local pro circuit through the Philippine Golf Tour. He helps the amateur golf through the ICTSI-The Country Club Program and also supported the Canlubang Golf Team.In 2003, Razon donated P50 million for DLSUa??s sports development. The P50 million pesos were broken down into P25 million for equipment

Enrique Razon, Jr. Net Worth, 3.7 out of 5 based on 7 ratings

Enrique Razon, Jr. Latest News

In a shuffling of assets to prepare for his next phase of domestic development, Philippine billionaire Enrique Razon, Jr., has sold 3.18 percent of his stake in casino operator Bloomberry Resorts for PHP3.8 billion ($74.7 million). The Bloomberry chairman ...

PRIME Metroline Holdings Inc., the holding firm of Enrique K. Razon Jr., sold in an overnight placement about 350 million shares of Bloomberry Resorts Corp. The amount represents 3.18 percent of the billionaire's stake in the company. Prime Metroline ...

Tycoon Enrique Razon Jr.’s International Container Terminal Services Inc. (ICTSI) is making its debut in Papua New Guinea. The company said in a stock exchange filing Monday it signed 25-year agreements each to operate the international ports in Motukea ...